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The financial statements of the Cheyenne Corp. report net sales of $324000 and accounts receivable of $56400 and $26400 at the beginning of the year

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The financial statements of the Cheyenne Corp. report net sales of $324000 and accounts receivable of $56400 and $26400 at the beginning of the year and the end of the year, respectively. What is the average collection period for accounts receivable in days? (Use 365 days for colculation.) 36.4 46.6 87.1 56.7 Attempts: 0 of 1 used

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